• SNC-Lavalin Group (SNC) announced its appointment by Network Rail to manage and deliver signaling renewals across the south of England
  • Working together with clients and partners, SNC-Lavalin will be responsible for managing the delivery of all signaling renewals
  • SNC-Lavalin is a professional services and project management company
  • SNC-Lavalin Group Inc. (SNC) is up 0.86 per cent, trading at C$28.14 per share at 10:17 am ET

SNC-Lavalin Group (SNC) has been appointed by Network Rail to manage and deliver signaling renewals across the south of England.

Working together with clients and partners, SNC-Lavalin will be responsible for managing the delivery of all signaling renewals. It includes early-stage development, detailed design, construction and commissioning – as part of Network Rail’s Southern Integrated Delivery Team. This team’s task is to deliver around C$6 Billion of renewals which include buildings and civils, track, and electrification, and plant.

UK rail infrastructure owner, Network Rail, is looking to achieve a step change in the way renewals are delivered. It has an enterprise approach focusing on collaboration, long-term relationships and reward mechanisms based on outcomes and team performance.

Philip Hoare, President Engineering Services, UK & Europe, Middle East, India and Canada, at SNC-Lavalin, commented on the announcement.

“This is a tremendous win which adds to our portfolio as a UK market leader, adding value across the whole life cycle of transportation assets. It also reaffirms our reputation as a forward-thinking organization that is always striving to improve outcomes for clients. Be it through pioneering contracting models, new ways of working or better ways of connecting people, data and technology.”

SNC-Lavalin is also part of the East-West Rail alliance. It is delivering one of the UK’s largest new railway projects under a single, unified agreement. The company is the Railway Systems Integration Partner for the East Coast Digital Program, which will be UK’s first intercity digital railway.

SNC-Lavalin is a professional services and project management company.

SNC-Lavalin Group Inc. (SNC) is up 0.86 per cent, trading at C$28.14 per share at 10:17 am ET.


More From The Market Online

Healwell AI reduces radiation burden for cancer patients

Pentavere, a subsidiary of Healwell AI (TSX:AIDX), announces new research accepted at two medical conferences.

@ the Bell: TSX rallies back

Canadian stock indices rallied on Monday to bring the TSX to a higher close after a few lacklustre performances

Shopify and Target stocks rise on retail partnership

Target (NYSE:TGT) teams up with Shopify (TSX:SHOP) to offer a selection of its popular merchants and their products on Target Plus.